Unique Properties, AIR to launch AI-powered real estate platform
As part of the agreement, Unique Properties will invest $20 million into AIR over the next two years to fuel the development and deployment of next-generation technologies in the real estate space.
The partnership marks a bold leap forward for the region's property sector, blending years of market leadership with cutting-edge artificial intelligence to reshape how real estate is bought, sold, and experienced.
Unique Properties said this strategic alliance comes as the UAE cements its position as a global leader in real estate innovation.
Progressive government policies and a world-class digital ecosystem have created ideal conditions for meaningful disruption, particularly in the brokerage space, it added.
On the joint venture, CEO Arash Jalili said: "At Unique Properties, we've always been at the forefront of the UAE real estate market, driven by a commitment to excellence and innovation. This joint venture marks the beginning of a new era, where technology and human insight come together to elevate the property experience."
"Partnering with AIR allows us to stay ahead of the curve, setting new benchmarks for how real estate is transacted, advised, and experienced in this region," he stated.
Milad Monshipour, Founder & CEO of AIR, said: "This is the first time the world will see a fully AI-native real estate platform developed in partnership with one of the most established brokerages in the region. It's an innovation born in the UAE, but its impact will be felt far beyond it."
"Together, Unique Properties and AIR are set to usher in a new era for real estate in the UAE, one where technology doesn't just support the industry, it propels it forward," he added. -TradeArabia News Service
Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Khaleej Times
15 minutes ago
- Khaleej Times
Dubai Chamber extends support to Pakistani businesses
'Pakistan Independence Day is the nation's most beloved national holiday with millions of Pakistanis across the globe coming together to mark the anniversary of the birth of our nation. I would like to extend my wishes to all Pakistanis worldwide on the 78th anniversary of Independence Day. Our company Champion Group is actively involved with all major social entities across the UAE and I am proud of our strong association and support to the PBC Dubai, Pakistan Association Dubai (PAD), World Memon Organisation and others. This year is truly special as I received an award from Sheikh Nahyan bin Mubarak Al Nahyan on August 10 at the largest Pakistan Independance Day celebrations hosted by PAD and Emirates Loves Pakistan held at the Expo," says Shabbir Merchant, Chairman of Champion Group. 'At Champion, we provide cutting-edge visual communication solutions across the GCC, dominating the market for high-impact signage, graphics, media and digital interactive solutions to all major industries. Innovation, client service and the highest quality standards have been the cornerstones of our success for over 35 promising years. Our specialised companies, Champion Neon, Champion Digital, Champion Advertising and Champion Outdoor offer turnkey solutions to corporate and SME clients. Champion Advertising specialises in event and exhibition solutions for clients participating in major trade shows and malls. Our solutions include exhibition booths, activations, display stands, and interiors. Our esteemed client portfolio boasts numerous Pakistani brands and businesses in the UAE,' says Shoaib Merchant, Director, Champion Group 'Champion Digital provides the most innovative digital advertising and interactive solutions. Our dynamic solutions include the latest and highest quality indoor/outdoor LED screens, flexible and transparent displays, Digital Signage LCDs, and Interactive kiosks. The latest additions to our offerings include service and advertising robots, kinetic display solutions and Hologram Ads. Elevate your brand with Champion!' says Shazil Merchant, Director, Champion Group. MIH Group In the heart of the UAE's ever-evolving construction landscape, one company has cemented its position as a pillar of trust, quality and innovation. The MIH group has been part of the journey for over 50 years. It is one of the leading and most reliable suppliers of building materials in the GCC. The MIH group operates several specialised divisions, including wood, hardware, aluminum profiles, sheets, glass, HPL, Acrylic , varieties of MDF, timber, plywood, ACP, wall panels and all types of accessories, positioning itself as the go to choice for professionals in the industrial and interior design sectors. The group consists of its retail and logistics infrastructure, which includes multiple branches and 25,000 sqm of retail space. As this nation continues to grow skyward, MIH group remains rooted in its values family, trust, quality, and service while boldly embracing the future of construction supply. To strive in the market, the group monitors market trends, new high quality products, price fluctuations, and potential supply chain disruptions that could affect the availability of building materials. Today, we commemorate the day our beloved nation emerged as an independent and sovereign state. May the spirit of independence always inspire us to work towards a brighter and more prosperous future. — Mian Umar Ibrahim, Chairman, MIH Group Building on over five decades of excellence Building on over five decades of excellence, we are expanding our footprint with the opening of multiple new outlets across the Emirates and the launch of dedicated industrial and production units in the near future. These strategic initiatives reflect our commitment to strengthening the building materials sector and supporting the nation's development. Our growth is guided by a clear vision: to lead with innovation, expand with purpose, and operate with resilience. As we scale our operations, we remain focused on quality, efficiency, and service reinforcing our role as a trusted partner in the industry. This Independence Day, we renew our pledge to contribute meaningfully to the UAE's progress and prosperity. May this day inspire continued ambition, unity, and growth for us all. — Muhammad Adil Mian, Director, MIH Group Hemani Group I, Mustafa Hemani, CEO of Hemani Group, see Pakistan's business community in the UAE as a vital bridge between both nations. By leveraging the UAE's advanced infrastructure and vibrant economy, we are boosting bilateral trade and investment in key sectors like technology, e-commerce, and sustainable products. Through innovation, joint ventures, and a strong work ethic, we are contributing to shared prosperity while building a legacy of partnership and entrepreneurship for future generations to proudly carry forward. Generalte c As Pakistan marks another Independence Day, Generaltec proudly joins in honouring the progress and unity that defines our nation. Generaltec offers high-quality home appliances that empower families to live better without compromise. Our energy-efficient cookers, air conditioners, and washing machines are designed to meet the needs of Pakistani households, both in Pakistan and those who live in UAE, helping them save resources while enjoying modern comfort. This Independence Day, we celebrate the bright future ahead — a future where innovation and affordability go hand in hand. With Generaltec in every home, we aim to contribute to a more self-sufficient Pakistan, where progress is powered by both national pride and hard work. Star Paper Mill (SPM) Paper Industry LLC Star Paper Mill (SPM), a name synonymous with excellence and innovation in the paper industry, continues its upward trajectory with the successful operation of its tissue paper production line and the upcoming launch of its recycled container board machine, which is expected to commence production within the next two months. Operating from the Industrial City of Abu Dhabi (ICAD), the mill's tissue paper division has already carved a niche in the regional and international markets. The company's consistent focus on quality, efficiency, and environmental responsibility has earned it a strong reputation among converters and distributors worldwide. The new recycled container board machine, a circular economy project, designed to produce high-quality packaging grades of paper, will further strengthen Star Paper Mill's position in the sector. Once operational, the plant will contribute significantly to the growing demand for sustainable and premium packaging materials. The per-day production would be 400tpd. At the helm of this dynamic expansion is Majid Rasheed, a seasoned industry leader with over three decades of experience as Managing Director in the global paper industry. A highly qualified and respected professional, Rasheed is widely recognised for his visionary leadership and technical acumen. His numerous awards and recognitions are a testament to his dedication and achievements. 'We are not just producing paper, we are building trust and delivering quality,' said Rasheed. 'Our goal is to create a benchmark in the paper industry by combining world-class technology, professional talent, and a deep commitment to customer satisfaction.' The quality of Star Paper Mill's products has been widely accepted and appreciated in international markets, reinforcing its credibility as a trusted supplier. The company's strict quality control, sustainable production practices, and client-centric approach have positioned it as a prestigious regional organization. Beyond products and performance, Star Paper Mill's people-first philosophy. Staff at all levels report exceptional satisfaction with the work environment, professional growth opportunities, and leadership transparency. The board of directors has also expressed its complete confidence in the company's direction and considers it a source of pride to be associated with such an organization. As the recycled container board unit prepares for launch, industry observers closely watch Star Paper Mill's next chapter one, which promises continued growth, innovation, and leadership in the regional and international paper markets. Fakhri Group of Companies Diwan Fakhruddin is a prominent name in the Pakistan-UAE business ecosystem, admired not only for his exceptional leadership in trade and industry but also for his deep-rooted commitment to Pakistan's progress. As the CEO of Fakhri Group and Chairman of the Pak-UAE Business Council at FPCCI. He has spent over four decades strengthening commercial relations, empowering youth, and promoting innovation in both Pakistan and the UAE. Under his visionary leadership, Fakhri Group has flourished as a leading importer and distributor of HVACR (Heating, Ventilation, Air Conditioning & Refrigeration) and fire fighting systems, with a robust presence in Dubai, Abu Dhabi, Sharjah, Karachi, Lahore, Islamabad, and Qatar. He has played a key role in introducing new technologies, tailored solutions, and global standards to local markets — always focusing on delivering quality and sustainability. His leadership extends beyond the corporate world. As Convener of Trade & Fairs at Dubai Chamber of Commerce and Industry and a Lifetime Member of the SAARC Chamber of Commerce, Fakhruddin actively engages in regional cooperation and international business forums. His values are grounded in community upliftment social harmony, and inclusive growth. Equally passionate about education and youth empowerment he is widely known for his philanthropic contributions, especially through academic scholarships for engineering students in Pakistan. His belief in investing in talent and knowledge reflects his long-term vision of a skilled, future-ready Pakistan. As we celebrate the 79th Independence Day of Pakistan, Fakhruddin and the Fakhri Group proudly extend heartfelt greetings to the nation. This day is a tribute to our freedom, unity, and resilience — and serves as a reminder that our future depends on how boldly we embrace innovation, education, and opportunity. Our journey is woven with Pakistan's progress. We believe in the boundless potential of our youth and remain committed to building a future that thrives on innovation, education, and sustainability. Through his unmatched dedication to business excellence and national service, Diwan Fakhruddin continues to inspire a generation — proving that with vision, unity, and purpose, Pakistan can rise to its rightful place on the global stage.
Zawya
15 minutes ago
- Zawya
Egypt: Prime Developments, Osoul for Tourism Development launch CLAN project in Hurghada
Egypt - Prime Developments, in partnership with Osoul for Tourism Development, has announced the launch of its latest venture, the CLAN project in Hurghada, with total investments of EGP 1.25bn. The launch event was attended by senior executives, including Prime Developments CEO Eman Talaat and Board Member Rami Abou Ashra, who underscored the project's importance in reinforcing the company's position in Egypt's real estate market. Engineering consultancy is being provided by Hafez Consultants. Spanning 10,000 sqm, the project will feature a range of premium amenities, including outdoor and heated swimming pools, and is scheduled for full delivery in 2028. Prime Developments Chairperson Nathan Yacoub said the event was both a project launch and a celebration of the teamwork that underpins the company's success. He noted that Egypt's Eastern Coast has emerged as a prime investment destination, and the company is committed to delivering high-end products in line with the country's sustainable development and urban planning objectives. Yacoub added that the coming phase will bring more integrated residential projects, ensuring secure investments through a comprehensive real estate value chain encompassing marketing, design, execution, and specialist teams. Highlighting the project's vision, he described CLAN as a blend of modern architecture, thoughtfully designed spaces, and a strategic location in Hurghada, offering a distinctive urban living experience. The development aims to set new benchmarks in the Red Sea property market and attract both local and international investors. © 2025 Daily News Egypt. Provided by SyndiGate Media Inc. (
Zawya
15 minutes ago
- Zawya
Simplified tax system ‘permanent measure' to support small enterprises: Egypt's ETA head
Egypt - Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), affirmed that Law No. 6 of 2025—covering enterprises with annual revenues not exceeding EGP 20m—marks a key step in the state's drive to support small and micro-enterprises, encourage formalisation, and ensure their long-term sustainability. She stressed that the simplified tax system introduced under the law is permanent and not linked to any expiry date, enabling taxpayers to plan with confidence. Its primary aim, she said, is to streamline procedures and continuously reduce tax burdens, reflecting the state's commitment to a secure, investment-friendly business climate. Abdel Aal explained that the law adopts a graduated tax rate structure, starting from 0.4% for enterprises with annual revenues below EGP 500,000 and reaching 1.5% for those under EGP 20m. Businesses joining the system enjoy a five-year exemption from tax audits from the date of enrolment, along with exemptions from capital gains tax on fixed asset sales, dividend tax, state resource development fees, stamp duty, and registration and notarisation fees for incorporation contracts or business-related land registration. They are also exempt from the withholding or advance income tax payment mechanism. VAT returns are to be filed quarterly instead of monthly, while payroll tax returns are submitted annually, with registration and payment procedures simplified and no requirement for complex accounting records or lengthy returns. She noted that the ETA is committed to providing free technical and technological support to help enterprises join its electronic systems, supplying point-of-sale devices, and offering ongoing consultancy services. Abdel Aal emphasised that participation in the simplified system ensures tax stability, safeguards taxpayer rights, and encourages business expansion, adding that the authority will continue to deliver technical and awareness support to help the tax community fully benefit from these facilitation measures. © 2025 Daily News Egypt. Provided by SyndiGate Media Inc. (
